Facebook’s new video service is called ‘Watch.’ But will you?

The social media giant has announced a new video platform called “Watch” that will feature live and recorded show episodes.

Facebook has been trying for years to become a major player in digital video, but still lags behind its competitors.

Related: Facebook may have to delete your embarrassing posts

The new service will feature some live events that Facebook has acquired streaming rights for, including a weekly Major League Baseball game.

Other shows will be produced by video partners including National Geographic, Time Inc., NASA and the NBA.

A Facebook spokesman told CNNMoney that the company does not have a full list of shows yet, and emphasized that this week’s launch is only a “limited test.”

The shows that have been announced suggest that Facebook is primarily taking its cues from Google-owned YouTube.

A blog post about the new Facebook service stressed that it is organized around “friends and communities.”

Users will be able to personalize their feeds and follow shows they like, much like YouTube’s channel subscription model. They will also be able to comment in real time, and a tab will show what their friends are watching.